Examlex
In object-oriented databases, grouping objects along with their attributes and methods into a class is called _____.
Plant Asset
Long-term tangible assets that are used in the production of goods or services and are not intended for sale.
Book Value
The value of an asset according to its balance sheet account balance, taking depreciation into account.
Fair Market Value
The estimated price at which an asset would trade in a competitive auction setting.
Gain on Disposal
The profit realized from the sale of assets, other than inventory, for more than their carrying amount on the books.
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